San Luis Group
María's business is selling food in a café that she owns. She provides all kinds of meals and drinks to her customers. Her workplace isn't very big but it has a very good reputation as regards its quality and service.
María is requesting this loan to acquire a larger quantity of drinks and supplies for making food. In this way, she hopes to increase her income and improve her quality of life.
Ella contactó con sus vecinas y amigas para formar el comité en la zona.
El comité se denomina “San Luis”. Están en el Cuarto Ciclo, con 14 integrantes. Es un grupo que se destaca en el barrio por ser muy unido, solidario y responsable.
La sra. María se dedica a la venta de alimentos en una cantina que posee, desde allí trata de proveer toda clase de comidas y bebidas a sus clientes, no es muy grande su lugar de trabajo pero cuenta con muy buena reputación en cuanto a su calidad y servicio.
Ella solicita el crédito para poder adquirir mayor cantidad de bebidas e insumos para la preparación de alimentos, a fin de aumentar sus ingresos y mejorar su calidad de vida.
About Fundación ParaguayaFundación Paraguaya is a financially self-sustaining social enterprise that promotes entrepreneurship in urban and rural areas through microfinance, education programs, and more. Its focus on agriculture has helped many farmers boost their crop yields. And a number of other borrowers have taken out loans to start and grow social businesses that have helped deliver eyeglasses, medicines and other helpful services in their local communities.
This is a Group Loan
In a group loan, each member of the group receives an individual loan but is part of a larger group of individuals. The group is there to provide support to the members and to provide a system of peer pressure, but groups may or may not be formally bound by a group guarantee. In cases where there is a group guarantee, members of the group are responsible for paying back the loans of their fellow group members in the case of delinquency or default.
Kiva's Field Partners typically feature one borrower from a group. The loan description, sector, and other attributes for a group loan profile are determined by the featured borrower's loan. The other members of the group are not required to use their loans for the same purpose.
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Success!! The loan was 100% repaid